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NOTICE OF PUBLIC HEARING
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NOTICE IS HEREBY GIVEN that a public hearing pursuant to Title 1 of Article 18-A of the New York State General Municipal Law will be held by the Town of Hempstead Industrial Development Agency on the 22nd day of July, 2014, at 10:00 a.m., local time, at the Village of Valley Stream, 123 South Central Avenue, Valley Stream, New York in connection with the following matters:
International Valley Stream Holdings, LLC a limited liability company, organized and existing under the laws of the State of New York, on behalf of itself and/or the principals of International Valley Stream Holdings and/or an entity formed or to be formed on behalf of any of the foregoing (collectively, the “Applicant” and “Company”), has applied to the Town of Hempstead Industrial Development Agency (the “Agency”) to enter into a transaction in which the Agency will assist in the acquisition of an approximately 1.19 acre parcel of land located at 518 Rockaway Avenue, Valley Stream, New York (the “Land”), the construction of an approximately 2,500 square foot addition to and renovation of an existing building located thereon to total approximately 33,100 square feet (the “Improvements”) and the equipping of the Improvements (the “Equipment”; and together with the Land and the Improvements, the “Facility”), all to be leased and/or subleased by the Agency to the Company, and used by the Company as a warehouse and distribution center.  The Facility will be initially owned and/or operated by the Company. 
The Agency will lease the Facility to the Company. At the end of the lease term, the Company will purchase the Company Facility from the Agency.  
The Agency contemplates that it will provide financial assistance to the Company and the Sublessee in the form of an increase in the amount of sales and use tax exemptions consistent with the policies of the Agency.
A representative of the Agency will at the above-stated time and place hear and accept written comments from all persons with views in favor of or opposed to either the proposed financial assistance to the Company or the location or nature of the Facility.  At the hearing, all persons will have the opportunity to review the application for financial assistance filed by the Company with the Agency and an analysis of the costs and benefits of the proposed Facility.
Dated:  July 7, 2014	TOWN OF HEMPSTEAD INDUSTRIAL DEVELOPMENT AGENCY
By:		Frederick E. Parola
Title:	Executive Director and Chief Executive Officer